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income increases. This analysis is done from calculations of income elasticity of spending on public and on private transport … transportation has negative elasticity after certain income levels. This fact indicate that there is a lack of attractiveness of …
Persistent link: https://www.econbiz.de/10011372270
Infrastructure is traditionally considered a necessary condition for a country's economic development. However, despite so many arguments in favor of the importance of infrastructure for productivity, growth and welfare, the empirical literature on the impact of infrastructure is controversial....
Persistent link: https://www.econbiz.de/10013269282
income increases. This analysis is done from calculations of income elasticity of spending on public and on private transport … transportation has negative elasticity after certain income levels. This fact indicate that there is a lack of attractiveness of …
Persistent link: https://www.econbiz.de/10010405667
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Persistent link: https://www.econbiz.de/10001610537
Infrastructure is traditionally considered a necessary condition for a country’s economic development. However, despite so many arguments in favor of the importance of infrastructure for productivity, growth and welfare, the empirical literature on the impact of infrastructure is...
Persistent link: https://www.econbiz.de/10012815603
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